Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #11
Crypto dashboard flags extreme negative funding on ACN/USDT
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: ACN/USDT (-1995.7% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.4
DeFi analytics service Feeloop issued its regular market digest at 08:45 UTC, reporting that the ACN/USDT pair shows an annualized funding rate of roughly -1995.7%, meaning shorts pay longs to hold positions. The digest also highlighted BSC liquidity pools offering LP returns above 5000% APR, with around 3.4 million dollars in pool liquidity. Traders use such updates to spot arbitrage openings, though extreme negative funding typically signals heavy short pressure and high risk on a small-cap token.
Why now: The unusual negative funding rate on ACN/USDT stands out as a potential arbitrage opportunity for yield-seeking crypto traders.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2089915